The China Mail - PM vows 'pro-growth' rules to make Britain an 'AI superpower'

USD -
AED 3.672504
AFN 65.503991
ALL 80.193613
AMD 365.443623
ANG 1.789783
AOA 918.000367
ARS 1475.150612
AUD 1.415829
AWG 1.80125
AZN 1.70397
BAM 1.690479
BBD 2.011669
BDT 122.606854
BGN 1.696366
BHD 0.37668
BIF 2985.954449
BMD 1
BND 1.277583
BOB 11.640953
BRL 5.222404
BSD 0.998833
BTN 95.261679
BWP 13.45607
BYN 3.037988
BYR 19600
BZD 2.008816
CAD 1.38765
CDF 2273.000362
CHF 0.813512
CLF 0.023251
CLP 913.600415
CNY 6.743204
CNH 6.74452
COP 3115.519253
CRC 449.371191
CUC 1
CUP 26.5
CVE 95.306625
CZK 20.930304
DJF 177.864212
DKK 6.460604
DOP 58.464065
DZD 131.663425
EGP 49.854358
ERN 15
ETB 161.573793
EUR 0.864504
FJD 2.234204
FKP 0.737767
GBP 0.739153
GEL 2.610391
GGP 0.737767
GHS 10.937378
GIP 0.737767
GMD 73.503851
GNF 8773.931458
GTQ 7.6209
GYD 208.928649
HKD 7.84715
HNL 26.775574
HRK 6.512304
HTG 130.645231
HUF 313.830388
IDR 17828.1
ILS 2.955104
IMP 0.737767
INR 95.450504
IQD 1308.440296
IRR 1374587.503816
ISK 122.903814
JEP 0.737767
JMD 158.174511
JOD 0.70904
JPY 159.30404
KES 129.09806
KGS 87.450384
KHR 4041.661265
KMF 427.00035
KPW 900.000294
KRW 1416.470383
KWD 0.30868
KYD 0.832361
KZT 463.468603
LAK 22542.892951
LBP 89443.536886
LKR 332.365271
LRD 181.287005
LSL 16.158607
LTL 2.95274
LVL 0.60489
LYD 6.359825
MAD 9.264013
MDL 17.319677
MGA 4300.099399
MKD 53.182938
MMK 2099.658525
MNT 3597.556359
MOP 8.073123
MRU 40.112364
MUR 47.103741
MVR 15.450378
MWK 1731.967674
MXN 17.023504
MYR 4.085904
MZN 63.910377
NAD 16.158607
NGN 1359.570377
NIO 36.760448
NOK 9.442604
NPR 152.41886
NZD 1.697217
OMR 0.384504
PAB 0.998833
PEN 3.368858
PGK 4.486797
PHP 61.465038
PKR 277.41994
PLN 3.72275
PYG 5995.073253
QAR 3.641125
RON 4.526704
RSD 101.421842
RUB 84.182981
RWF 1468.77566
SAR 3.752773
SBD 8.048583
SCR 13.755996
SDG 600.503676
SEK 9.527038
SGD 1.279604
SHP 0.740866
SLE 24.503667
SLL 20969.499227
SOS 570.811185
SRD 37.974504
STD 20697.981008
STN 21.176369
SVC 8.739358
SYP 13001.999906
SZL 16.156273
THB 33.143038
TJS 9.223994
TMT 3.51
TND 2.928476
TOP 2.40776
TRY 47.867504
TTD 6.76693
TWD 32.021604
TZS 2646.873244
UAH 44.681879
UGX 3710.618436
UYU 40.019016
UZS 11890.747223
VES 770.109104
VND 26148.5
VUV 118.652424
WST 2.734432
XAF 566.970915
XAG 0.015456
XAU 0.000229
XCD 2.70255
XCG 1.800078
XDR 0.707052
XOF 566.970915
XPF 103.081378
YER 237.203589
ZAR 16.16923
ZMK 9001.203584
ZMW 18.87722
ZWL 321.999592
  • CMSC

    -0.0250

    21.45

    -0.12%

  • VOD

    0.2000

    16.42

    +1.22%

  • GSK

    -0.4785

    49.52

    -0.97%

  • NGG

    -0.1500

    81.05

    -0.19%

  • RBGPF

    0.0000

    71.34

    0%

  • BTI

    -0.2900

    57.06

    -0.51%

  • RIO

    -0.4100

    95.68

    -0.43%

  • AZN

    -0.7900

    156.45

    -0.5%

  • RYCEF

    0.1300

    20.84

    +0.62%

  • BCE

    0.1500

    23.47

    +0.64%

  • CMSD

    -0.0100

    21.58

    -0.05%

  • BP

    0.2196

    42.53

    +0.52%

  • RELX

    -0.2400

    34.43

    -0.7%

  • BCC

    -0.8900

    83.24

    -1.07%

  • JRI

    0.0635

    12.61

    +0.5%

PM vows 'pro-growth' rules to make Britain an 'AI superpower'
PM vows 'pro-growth' rules to make Britain an 'AI superpower' / Photo: © POOL/AFP

PM vows 'pro-growth' rules to make Britain an 'AI superpower'

Prime Minister Keir Starmer on Monday laid out his vision to harness the power of artificial intelligence to boost Britain's flagging economy, promising "pro-growth" regulations amid concerns about the technology's unchecked use.

Text size:

Speaking following the launch of a government "action plan", Starmer pledged to ease red tape to attract billions of pounds of AI investment to Britain.

The "AI Opportunities Action Plan" includes 50 recommendations that the government will implement to boost AI-driven efficiency in the public sector, from education and healthcare to detecting potholes.

"Mark my words, Britain will be one of the great AI superpowers," Starmer said at an event at the UCL campus in east London, hailing the technology which is raising complex questions for governments around the world.

The UK -- which has the third-largest AI industry after the United States and China -- will be "pro-growth and pro-innovation on regulation", Starmer said.

"I think it is important to recognise that we've got freedom now in relation to regulation, to do it in the way that we think is best for the UK," said Starmer, calling for AI to be "tested" before it is "regulated".

"We don't need to walk down a US or an EU path on AI regulation", the prime minister wrote in the Financial Times ahead of the speech, calling for a "distinctively British approach".

Starmer's position marks a shift from the EU's heavy-handed regulation of the sector, especially regarding data protection laws, which has faced criticism from tech giants.

In the US, incoming President Donald Trump's desire to deregulate the economy and his team of Silicon Valley-linked advisors could influence policies on AI regulation.

- Data library -

The UK's latest plans include the creation of a national data library which would make public data sets, including anonymised National Health Service records, "available to AI researchers and innovators".

The data library would be bolstered by a "clear and trusted copyright regime", Starmer added. "It is important that we keep control of that data."

"But I don't think that we should have a defensive stance here that will inhibit the sort of breakthroughs that we need."

The latest plans come amid concerns surrounding AI's role in spreading online misinformation and deepfake pornography, as well as fears robots could one day outsmart humans if left unchecked.

The government outlined plans for the creation of "dedicated AI growth zones" designed to speed up planning proposals for data centres and other AI infrastructure.

It also hopes to increase server capacity twentyfold by 2030, including by building "a brand new supercomputer with enough AI power to play itself at chess half a million times a second".

The new supercomputer pledge comes months after Starmer axed a previous supercomputer project in Edinburgh planned by the previous government, citing a lack of funds.

- 'Economic mismanagement' -

Starmer's administration estimated that AI could be worth £47 billion ($57 billion) to the UK each year over a decade.

It announced that three tech companies -- Vantage Data Centres, Nscale and Kyndryl -- had committed to spending £14 billion on AI in the UK, leading to the creation of more than 13,000 jobs.

Starmer has put firing up Britain's economy at the heart of his agenda since taking office last July. In his speech, Starmer staked economic growth on advancements in AI, saying the technology "would turbocharge every single element of our plan for change".

But weaker-than-expected growth, rising borrowing costs and a falling pound is complicating his task, meaning he could be forced to make spending cuts or hike taxes this year.

Shadow Science Secretary Alan Mak accused Labour of insufficiently funding its AI ambitions.

"AI does have the potential to transform public services, but Labour's economic mismanagement and uninspiring plan will mean Britain is left behind," Mak said.

There are also concerns that the sector-wide implementation of AI could result in job losses.

"It's a disruptive technology, like many other previous technological waves," senior cabinet minister Pat McFadden told Times Radio.

"But I think it's too pessimistic to simply talk about job losses," he added.

The government is expected to wrap up next month a consultation to clarify the application of copyright law to AI, which it says aims to protect the creative industry.

I.Ko--ThChM